Five Highlights in Improving Quality in China’s Foreign Trade Stability! (Novice Collection)

Statistics released by the General Administration of Customs on October 14 show that China’s total import and export value in the first three quarters of this year was 22.91 trillion yuan, up 2.8% over the same period last year.

Five Highlights in Improving Quality in China's Foreign Trade Stability! (Novice Collection)
Five Highlights in Improving Quality in China’s Foreign Trade Stability! (Novice Collection)

“Since the beginning of this year, the growth of international economy and trade has slowed down, and the external environment has become more complicated and severe. In the first three quarters of this year, China’s foreign trade import and export continued to grow and its structure continued to be optimized.” Li Kuiwen, spokesman of the General Administration of Customs and director of the Statistics and Analysis Department, said at a press conference of the State New Office.

Stable growth and strong resilience Since this year, the growth of the world economy has slowed down and trade protectionism continues to heat up, but China’s foreign trade has maintained a strong resilience. 7.01 trillion yuan, 7.66 trillion yuan, 8.24 trillion yuan … in the first three quarters, the overall foreign trade operation was stable, and the import and export scale showed a trend of increasing quarter by quarter.

According to the latest data released by WTO, from January to July this year, China’s import and export growth rate was still higher than that of Germany, Japan, South Korea and other countries. China still maintained its position as the world’s largest country in goods trade, accounting for 0.1 percentage point higher than that of the same period last year.

Li Kui Wen told reporters that the factors supporting the smooth operation of China’s foreign trade in the first three quarters of this year are mainly three aspects:

First, the steady operation of the domestic economy has provided strong support for China to cope with external risks and realize the continuous growth of foreign trade. Since the beginning of this year, China’s economic operation has been generally stable, structural adjustment has been steadily advancing, and reform and opening-up have been comprehensively deepened.

Second, the policy effect will continue to be released. Since last year, China has raised the export tax rebate rate of some products twice, successively issued a series of independent tariff reduction policies, and successively lowered the value-added tax rate on import links twice. This series of measures has effectively stimulated the vitality of market players. In the first three quarters of this year, China’s imports of consumer goods increased by 15.3%. The number of enterprises with import and export records reached 464,000, up 5.9% year on year. The business environment has been continuously optimized and the level of trade facilitation has been greatly improved. In the first three quarters, the overall customs clearance time for China’s imports and exports has been shortened by 56.4% and 64.7% respectively compared with 2017.

Third, market diversification has achieved remarkable results. Since this year, China has launched a series of major measures to open up to the outside world, promoting a new round of high-level opening up to the outside world, accelerating the formation of a new situation of opening up to the outside world, and providing confidence and confidence for enterprises to actively explore new markets and optimize the global market layout. With the steady progress of the construction of “the belt and road initiative”, China’s economic and trade cooperation with the countries along the line is closer and trade exchanges are more active. In the first three quarters of this year, China’s total import and export value to countries along the “the belt and road initiative” was 6.65 trillion yuan, up 9.5% year on year, 6.7 percentage points higher than the overall growth rate of China’s foreign trade in the same period, accounting for 29% of China’s total import and export value in the same period, up 1.8 percentage points from the same period last year and 4 percentage points higher than the year when the “the belt and road initiative” initiative was put forward in 2013. In the first three quarters of this year, the trade volume between China and Africa increased by 7.5% year on year, 4.7 percentage points higher than the overall growth rate of foreign trade.

The trend of improving quality during stabilization is obvious.

The leading role of general trade is more obvious. The leading role of private enterprises is more prominent. The pattern of regional foreign trade has been more optimized. The development of special customs supervision areas is faster. The structure of import and export commodities has been further optimized … While the scale is continuously expanding, China’s foreign trade has also made positive progress in high-quality development, with a clear trend of improving quality while maintaining stability.

Li Kui Wen specifically analyzed the five highlights of improving quality in China’s foreign trade stability:

In the first three quarters, the import and export of China’s general trade pattern increased by 4.8%, 2 percentage points higher than the overall growth rate of foreign trade, accounting for 59.5% of China’s total foreign trade value, with the proportion rising by 1.1 percentage points. General trade mode has a long domestic industrial chain for import and export, which can better reflect the independence of China’s foreign trade.

Under the favorable policies of tax reduction and fee reduction, private enterprises have shown stronger vitality and have become the main force driving the growth of China’s foreign trade. In the first three quarters, the import and export of China’s private enterprises increased by 10.4%, 7.6 percentage points higher than the overall growth rate of foreign trade, accounting for 42.3% of China’s total foreign trade value, with the proportion rising by 2.9 percentage points. Among them, exports increased by 13%, accounting for more than half of China’s export value.

Since this year, China’s regional strategy has been steadily implemented. Major strategies such as the coordinated development of Beijing, Tianjin and Hebei, the development of the Yangtze River Economic Belt, the high-quality development of the integration of the Yangtze River Delta, the construction of Guangdong, Hong Kong, Macao and the Great Bay Area, and the overall deepening of the reform in Hainan have been advanced in depth. Ecological protection and high-quality development in the Yellow River Basin have also become major national strategies, greatly promoting the coordinated development of China’s foreign trade. In the first three quarters, the import and export of the central and western regions increased by 12.4% and 11.8% respectively, accounting for 0.6% and 0.7% of China’s foreign trade respectively.

The special customs supervision area is the forefront of China’s opening to the outside world. At the beginning of this year, the State Council issued a number of opinions to promote the high-level opening and high-quality development of the comprehensive bonded area, which effectively promoted the development of the comprehensive bonded area. In the first three quarters, the import and export of the comprehensive bonded area increased by 12.9%, accounting for 0.7% of China’s foreign trade.

A series of policies to form a strong domestic market have been implemented and the potential for domestic demand has been continuously released, providing endogenous impetus for China to actively expand imports and optimize the structure of imported commodities. In the first three quarters, imports of consumer goods for people’s livelihood grew rapidly. At the same time, the domestic supply-side structural reform continued to push forward, with positive progress in industrial upgrading, promoting the continuous optimization of China’s export commodity structure.

The development trend of China’s foreign trade will not change.

The OECD expects world economic growth to fall to its lowest level in a decade this year. The latest WTO report continues to lower the growth rate of global trade in goods, predicting a growth of only 1.2% in 2019, 1.8 percentage points lower than the 3% in 2018 and lower than the global economic growth expectation.

“The external environment facing China’s foreign trade development in the future is still complex and grim, with more unstable and uncertain factors. However, China’s foreign trade development is resilient, and the general trend of optimizing foreign trade structure and accelerating power conversion has not changed. Foreign trade will continue to maintain a generally stable and steady development throughout the year.” Li Kuiwen said in response to a reporter’s question.

Customs statistics show that the total value of Sino-US bilateral foreign trade in the first three quarters of this year was 2.75 trillion yuan, down 10.3% year on year.

 

Original Artical,Author:China Trade Agent,if repost,please give references :https://offers-bg.com/novice-collection/

Like (1)
Previous November 9, 2019 9:03 pm
Next November 9, 2019 9:08 pm

Relevant Recommendation

  • Foreign trade worries: because I offered to pay for the sample freight, the customer attacked me personally

    Foreign trade salesmen will contact with all kinds of customers every day. There are many different things in the world. Customers from all over the world are different. Some customers are of high quality, while others make people speechless.What I want to share today is very sad, because I proposed that the freight of the sample should be paid by the customer, which led the customer to attack me personally. Such a thing is really impolite. Although doing foreign trade for many years, there are very few customers who openly carry out personal attacks and at most secretly scold them in their hearts. . .In particular, a few hundred dollars of sample freight can reflect such a strong reaction, which is quite speechless. Listen to me slowly. Samples will be requested immediately after the first reply. It can be said that this customer has the typical characteristic of an insincere customer: in the first letter of reply, he directly asked for samples. The day after I sent the letter, I received a reply from customer j: We are very interested….

    November 9, 2019
    6900
  • I have been in limbo for more than ten years by foreign trade customers, but I have been brilliant too

    When I first graduated in 2007, most of my classmates went back to their hometown to work. I wrote letters of recommendation to two large companies in Hangzhou, and the result was that I would not recruit new people for the time being. After the failure, I started to blindly submit resumes. Even if I became a bully, I could not find the job I wanted. Finally, in the small corner of Mimi in a pile of recruitment notices in the publicity column of the talent market, I saw a post for a business assistant. I hesitated to look at the name of the company. This is the company that was rejected before. Although I wonder why such a big company put up a job advertisement there, I dream of joining such a big company. So I called the above number and got the interview opportunity. It turned out that the department manager hired the business assistant himself. The first round of interview was his own, and the second round was just one of his British clients and asked him…

    November 9, 2019
    6430
  • How many steps does it take to deal with a professional, difficult and wary foreign trade customer?

    Doing foreign trade will meet some customers with high quality requirements. Some customers are very professional about the products and their requirements for quality are so severe that they almost treat the goods as handicrafts. I have met such a client before, and it took me more than a year to negotiate a cooperation. This article will share the case of this customer and how to win such an American customer with extremely high quality requirements and difficult to handle. 01 customer background This customer was developed by me on Google and is a local brand in the United States. Look at the customer’s website and other publicity, as if the scale is quite large, and later proved to be indeed a relatively large brand. There is a special article in the website introduction: all the goods of the company are made in the United States and are definitely not imported from China. According to past experience, whenever I see this sentence, especially on the websites of American clients, it is often the most untrustworthy one. I know several brand…

    November 12, 2019
    7900
  • [Foreign Trade Experience] Where are the cattle for those foreign traders with high salaries?

    Do you still remember why you chose to do foreign trade? Many people are attracted by the high salary and “scenery” of the foreign trade industry. But when it was really done, it was not as easy as imagined. In the days when there are no orders, anxiety and pain have become a common problem for foreign traders. I’m sorry for this job if I don’t talk in person. “Life is so hard and orders are few. Do I have any future?” No matter what kind of work you do, it is normal to encounter difficulties, but most people just focus on anxiety and pain instead of focusing on solving this problem. Understand that suffering is not a stumbling block, and the pain that cannot kill you will eventually lead to a better you. The road of life will not go in vain; every step counts. Look at the people who were similar to you, what they went through and finally won a high salary and lived your ideal future. 01 Brother A: Four years of foreign trade, from Xiaobai…

    November 9, 2019
    7000
  • What is the workflow of the foreign trade voucher clerk?

    1. Export Contracts After the customer is interested in purchasing products and various terms have been basically agreed, the customer will ask for an export contract or a pro forma invoice so that the customer can place an order. After the export contract is completed, the price terms, packaging, payment method and port of the contract must be reconfirmed before being faxed or scanned to the customer. 2. Booking space The customer can inform the freight forwarder to book the space after placing the order. The freight forwarder should be informed of the exact weight of the parts, especially dangerous chemicals. This is because it is necessary to confirm the destination port. If the weight of the cargo is wrong, it will be difficult for the cargo to board the ship, or there will be additional expenses and even delay the ship’s schedule. 3. Declaration Documents After the shipping space is confirmed, the customs declaration documents shall be sent to the freight forwarder in time (on the day when the shipping space is confirmed or one week before the departure)….

    November 12, 2019
    6880
  • How should transformed foreign trade factories attract cross-border e-commerce sellers?

    In recent years, with the overall decline and fragmentation of B2B orders in foreign trade, traditional foreign trade factories, which originally relied on the small profits but quick turnover model, have not only to withstand the impact of the Sino-US trade war, but also to carry the inventory risk and the pressure of the accounting period for customers, making their survival difficult.Under the crisis, some people are insisting that some people choose to lay off workers and relocate factories, and others choose more diversified business development. From the perspective of the cross-border e-commerce industry, there are also not a few traditional foreign trade factories that choose to transform and set foot in the cross-border e-commerce industry.Cross-border e-commerce customers become “hot cakes” in the eyes of traditional factories. To sum up, there are no more than two ways for traditional foreign trade factories to transform into cross-border e-commerce: one is to “go to sea” to be sellers, including recruiting agents, recruiting teams, self-built teams and other direct contacts with C-end consumers, which all belong to this category; The other is still…

    November 9, 2019
    5990
  • What Must Be Mastered to Do Well in Foreign Trade

    We often see foreign trade newcomers in foreign trade forums asking “how to do a good job in foreign trade?” Among them, one of the most impressed foreign trade partners asked, “a recent graduate, is now starting to do foreign trade. although the company is not very formal, I still want to stay and study hard. I just don’t know where to start. ” The reason why I am deeply impressed with this question is that “although the company is not very formal, I still want to stay and study well myself”. I think this question has raised the voice of many foreign trade newcomers. The editor compiled some suggestions and shared them with everyone. In fact, foreign trade, like many sales fields, is also a job that is not necessarily sweet after suffering first. Paid work may not be rewarded, but not paid work will not be rewarded. Then the initial suggestion for the old captain based on his years of experience is: 1. Read your products, fully understand the meaning of every word and sentence in the product…

    November 12, 2019
    1.8K0
  • Foreign trade salesmen need to know what to do in advance in order to develop new customers in which places efficiently and accurately

    Foreign trade salesmen need to know what to do in advance in order to develop new customers in which places efficiently and accurately. Many foreign trade salesmen, both new salesmen and old salesmen, need to continuously develop new customers, because none of them have been doing business with you for a lifetime, so in order to ensure the continuous expansion of business, we must insist on developing new customers. However, the development of new customers is not a blind search for a needle in a haystack, let alone a boat for a sword. You must know in advance where your products are popular and in good demand in a region or country. The price and quality of your products conform to the consumption standards and affordability of that country. In addition, in order to better sell your products, as a foreign trade salesman, you must have a clear understanding of the production process, raw materials, product performance, uses, usage methods and characteristics of your products. Only in this way can you have a clear understanding of your development, and your…

    November 9, 2019
    1.5K0
  • How do foreign trade personnel call customers? Just five moves

    I do foreign trade, it is inevitable to make phone calls with foreign customers, SKYPE or QQ video voice, as a newcomer will certainly be a little nervous at the beginning, many novice afraid of playing, afraid of answering foreign phone calls, the reason is nothing more than poor English, afraid of not understanding, afraid of making a fool of yourself? Sometimes when I receive a phone call, my mind is blank and I can only say a few words of YES,NO,Thank you. is your ability really that good? Can we overcome this mentality? What should we do? In fact, as a beginner in foreign trade, I prefer to take the initiative to call customers? Don’t wait for customers to call you, why? Because you have the initiative to call the customer in your hand, you can fully prepare the information, practice how to say each sentence and then call him to ask him questions. The content of the call involves only a few aspects: 1. Everyone will say a few words when greeting or looking for someone. 2. It’s…

    November 9, 2019
    6540
  • Don’t let the collection of money become the biggest crisis in foreign trade

    Which foreign trade salesman does not want his customers to be the embodiment of “truth, goodness and beauty”? It is better not to demand payment, but to take the initiative to pay and save a worry. It is really necessary to demand payment. If it can be made, it is also a good thing. If it cannot be made, the boss will bombard you one after another and the customers will fall into a crisis of trust. …… Thought of here, back a cold, even spit out the hot weather mood all have no. …….. 01, customers are all rush to run Spitting belongs to spitting, however, what should be said still needs to be said. The customer delays the payment, is really quite troublesome, who also does not want to encounter, but also must according to the concrete situation concrete analysis. First of all, you can communicate with the customer to see how the specific situation really is. First, you should be courteous and then you should fight. At the beginning, you should try your best to solve the…

    November 9, 2019
    6600